Forensic Accountants’ Role in Evaluating the Adequacy of Internal Controls Systems in Nigerian Telecommunication Industry

Student: Khairullah Mohammed Ismail (Project, 2025)
Department of Accounting
University of Abuja, Abuja, Fct

Abstract

The study examined the forensic accountants’ role in evaluating the adequacy of internal controls systems in Nigerian Telecommunication Industry. The study adopted quantitative research design. Data collected were analyzed using frequency count, mean scores, correlation analysis and multilinear regression analysis to test all the hypothesis formulated. The study revealed that proactive fraud audits do play a significant role in evaluating the adequacy of internal control systems; Finding shows that there is significant relationship between fraud risk assessment and enhancement of internal control systems of telecommunication firms in Nigeria; and finding reveals that forensic accountants’ engagement has significant impact of the evaluation of internal control systems in the telecommunication industry. The study therefore recommended that management of telecommunication firms should institute mandatory quarterly proactive fraud audits to regularly assess the adequacy of internal controls in high risk areas. This will help detect control lapses promptly.

Keywords
forensic accountants evaluating adequacy internal controls systems nigerian telecommunication industry
Filters
Institutions